Growth DeFi (GRO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Governance has advanced 5.02% to $0.02430470072.
Highly Volatile
InvestorsObserver gives Growth DeFi a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
GRO’s high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Growth DeFi price is trading above resistance. With support around $0.0226858235937771 and resistance around $0.0240560524207767. This leaves Growth DeFi out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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